NFT Market Fluctuates! Trading Volume Soars by 34%

Buyers Surge but Sales Decline?

In the past 7 days, total NFT sales dropped to $1.057 billion, a decrease of 16.76%, but the underlying activity is quietly 'smoking':

The number of buyers surged by 55.35%, reaching 699,000

Sellers increased by 19.22%, and the number of transactions skyrocketed by 34.31%, surpassing 2.23 million+

On-Chain Situation: Ethereum NFTs are on a strong upward trend, with sales reaching $36.5 million (+28.43%)

Polygon remains firmly in second place, with transactions totaling $15 million, but has adjusted nearly 26%

Solana makes a comeback to the hot list, reaching $7.2 million, up nearly 18%

Top 3 Increase in Number of Buyers:

1️⃣ Polygon +43.72%

2️⃣ Solana +37.39%

3️⃣ Ethereum +33.34%

NFT correction ≠ downturn, the increase in participants indicates players are still in the game, the situation is still uncertain!

Stay close to the iron pillar, don't get lost! #ENA #DOGE #PEPE‏ #wct #sui $ENA $DOGE $WCT